We have two recommendations from the Turnaround Letter today: one sell and one buy. Putnam believes it’s time to cash in your gains on the first selection, and sees long-term gains from the turnaround in this healthcare information tech company.
Sell: United Continental Holdings (UAL)
from The Turnaround Letter Updated from Issue 733, December 19, 2012
Like many of the airline stocks, United has done well over the past year, and it has been particularly strong over the past month. If you bought the stock shortly after we recommended it in the December 2012 issue, you now have a nice long-term gain in it. Since we’re not sure how much longer the airlines will be able to continue their good run, we recommend selling United now to lock in that gain.
George Putnam III, The Turnaround Letter, www.turnaroundletter.com, 617-573-9550, February 1, 2014